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CONDENSED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
CURRENT ASSETS:    
Cash and cash equivalents $ 8,573 $ 4,666
Accounts receivable, net of allowance for credit losses of $100 at June 30, 2025 and December 31, 2024, respectively 2,676 4,675
Other current assets 894 571
Total current assets 12,143 9,912
PROPERTY AND EQUIPMENT, NET 463 536
GOODWILL 8,102 8,102
INTANGIBLE ASSETS, NET 2,357 2,374
OTHER ASSETS 1 9
Total assets 23,066 20,933
CURRENT LIABILITIES:    
Accounts payable 495 443
Accrued expenses 1,528 1,742
Deferred revenue 3,038 1,001
Total current liabilities 5,061 3,186
Total liabilities 5,061 3,186
COMMITMENTS AND CONTINGENCIES (Note 10)
STOCKHOLDERS’ EQUITY:    
Preferred stock - $0.01 par value; 30,000 shares authorized; Series A convertible preferred stock, zero shares issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common stock - $0.001 par value; 40,000,000 shares authorized; 20,025,843 and 19,782,311 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively 20 19
Additional paid-in capital 153,037 152,211
Accumulated deficit (135,052) (134,483)
Total stockholders’ equity 18,005 17,747
Total liabilities and stockholders’ equity $ 23,066 $ 20,933